NASH ENTERPRISES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NASH ENTERPRISES
Largest movements
- Cash -€32,405
down €32,405 (-66.9%), from €48,427 to €16,022
mainly Tax, wage and social debts (-€32,924) and Receivables after one year (-€30,936)
- Receivables after one year +€30,936
new in 2025: €30,936
- Receivables within one year +€24,801
up €24,801 (+3.9%), from €640,107 to €664,908
of which Trade receivables: +€27,392
- Stocks and contracts -€12,799
down €12,799 (-4.1%), from €309,148 to €296,349
- Tangible fixed assets -€11,040
down €11,040 (-30.1%), from €36,677 to €25,637
of which Other tangible fixed assets: -€5,714
- Profit (loss) carried forward +€78,835
up €78,835 (+197%), from €39,972 to €118,806
- Reserves -€76,594
down €76,594 (-96.8%), from €79,094 to €2,500
of which Distributable reserves: -€76,594
- Tax, wage and social debts -€32,924
down €32,924 (-35.1%), from €93,814 to €60,890
of which Taxes: -€38,221
- Trade debts +€19,995
up €19,995 (+3.1%), from €638,004 to €657,999
- Short-term financial debts +€19,332
new in 2025: €19,332
- Gross operating margin -€171,391
down €171,391 (-44.6%), from €384,385 to €212,994
- Provisions +€160,666
up €160,666, from -€160,666 to €0
- Staff costs -€42,799
down €42,799 (-18.9%), from €226,968 to €184,169
- Taxes -€14,585
down €14,585 (-75.4%), from €19,340 to €4,755
- Financial income +€8,372
up €8,372 (+1,805%), from €464 to €8,835
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,035,472 | €1,039,237 | +€3,765 | +0.4% |
| Fixed assets | 21/28 | €36,677 | €25,637 | -€11,040 | -30.1% |
| Tangible fixed assets | 22/27 | €36,677 | €25,637 | -€11,040 | -30.1% |
| Plant, machinery and equipment | 23 | €11,224 | €6,913 | -€4,311 | -38.4% |
| Furniture and vehicles | 24 | €2,893 | €1,878 | -€1,015 | -35.1% |
| Other tangible fixed assets | 26 | €22,560 | €16,846 | -€5,714 | -25.3% |
| Current assets | 29/58 | €998,795 | €1,013,600 | +€14,805 | +1.5% |
| Amounts receivable after more than one year | 29 | - | €30,936 | +€30,936 | |
| Other amounts receivable | 291 | - | €30,936 | +€30,936 | |
| Stocks and contracts in progress | 3 | €309,148 | €296,349 | -€12,799 | -4.1% |
| Stocks | 30/36 | €309,148 | €296,349 | -€12,799 | -4.1% |
| Amounts receivable within one year | 40/41 | €640,107 | €664,908 | +€24,801 | +3.9% |
| Trade receivables | 40 | €579,052 | €606,444 | +€27,392 | +4.7% |
| Other amounts receivable | 41 | €61,054 | €58,464 | -€2,591 | -4.2% |
| Cash at bank and in hand | 54/58 | €48,427 | €16,022 | -€32,405 | -66.9% |
| Deferred charges and accrued income | 490/1 | €1,113 | €5,385 | +€4,272 | +384% |
| Total equity and liabilities | 10/49 | €1,035,472 | €1,039,237 | +€3,765 | +0.4% |
| Equity | 10/15 | €144,065 | €146,306 | +€2,241 | +1.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €79,094 | €2,500 | -€76,594 | -96.8% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Other | 1319 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €76,594 | €0 | -€76,594 | -100% |
| Profit (loss) carried forward | 14 | €39,972 | €118,806 | +€78,835 | +197% |
| Amounts payable | 17/49 | €891,407 | €892,931 | +€1,524 | +0.2% |
| Amounts payable within one year | 42/48 | €890,977 | €892,931 | +€1,954 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €1,811 | €4,187 | +€2,376 | +131% |
| Financial debts | 43 | - | €19,332 | +€19,332 | |
| Credit institutions | 430/8 | - | €19,332 | +€19,332 | |
| Trade debts | 44 | €638,004 | €657,999 | +€19,995 | +3.1% |
| Suppliers | 440/4 | €638,004 | €657,999 | +€19,995 | +3.1% |
| Advances received on contracts in progress | 46 | €155,129 | €148,534 | -€6,595 | -4.3% |
| Taxes, remuneration and social security | 45 | €93,814 | €60,890 | -€32,924 | -35.1% |
| Taxes | 450/3 | €72,737 | €34,516 | -€38,221 | -52.5% |
| Remuneration and social security | 454/9 | €21,077 | €26,374 | +€5,297 | +25.1% |
| Other amounts payable | 47/48 | €2,219 | €1,990 | -€229 | -10.3% |
| Accrued charges and deferred income | 492/3 | €430 | €0 | -€430 | -100% |
| Remuneration, social security and pensions | 62 | €226,968 | €184,169 | -€42,799 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,318 | €14,253 | -€1,065 | -7.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€160,666 | €0 | +€160,666 | |
| Other operating charges | 640/8 | €11,816 | €6,057 | -€5,759 | -48.7% |
| Non-recurring operating charges | 66A | €194,656 | €0 | -€194,656 | -100% |
| Gross operating margin | 9900 | €384,385 | €212,994 | -€171,391 | -44.6% |
| Operating profit (loss) | 9901 | €96,293 | €8,514 | -€87,779 | -91.2% |
| Financial income | 75/76B | €464 | €8,835 | +€8,372 | +1,805% |
| Recurring financial income | 75 | €464 | €8,835 | +€8,372 | +1,805% |
| Financial charges | 65/66B | €4,956 | €10,354 | +€5,398 | +109% |
| Recurring financial charges | 65 | €4,956 | €10,354 | +€5,398 | +109% |
| Profit (loss) for the period before taxes | 9903 | €91,801 | €6,996 | -€84,804 | -92.4% |
| Income taxes | 67/77 | €19,340 | €4,755 | -€14,585 | -75.4% |
| Profit (loss) for the period | 9904 | €72,460 | €2,241 | -€70,219 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,460 | €2,241 | -€70,219 | -96.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.